NOVO NORDISK A/S-B (NOV.DE) Stock Technical Analysis
FRA:NOV • DK0062498333
Taking everything into account, NOV scores 0 out of 10 in our technical rating. NOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NOV is a bad performer in the overall market: 91% of all stocks are doing better.
- NOV is part of the Pharmaceuticals industry. There are 55 other stocks in this industry, of which 74% are performing better than NOV.
- NOV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NOV has a been trading in the 36.55 - 54.87 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
The technical rating of NOV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
38.86
When analyzing the support we notice one important area.
- Support @39.25 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 41.68 to 42.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @50.78 from a trend line in the weekly time frame.
- Resistance @52.23 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOV.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOV.DE is down. |
| ChartMill Relative Strength | 9.71 | NEGATIVE | NOV.DE has a low relative strength, it was outperformed by 90.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.91 | NEUTRAL | The RSI value for NOV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests NOV.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.87 | NEUTRAL | The Stochastics value for NOV.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for NOV.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 31.04 | POSITIVE | The high ADX value value for NOV.DE suggests a strong trend. |
FRA:NOV (2/13/2026, 7:00:00 PM)
41.67
+0.96 (+2.36%)
NOVO NORDISK A/S-B / NOV.DE FAQ
What is the technical rating for NOV stock?
ChartMill assigns a technical rating of 0 / 10 to NOV.DE.
Can you provide the trend direction for NOVO NORDISK A/S-B?
The current trend direction for NOVO NORDISK A/S-B (NOV.DE) is Bearish.
What is the RSI signal for NOV stock?
NOVO NORDISK A/S-B (NOV.DE) has an RSI value of 40.914. This indicates that the stock is currently neutral.
What is the MACD signal for NOV stock?
The MACD indicator for NOVO NORDISK A/S-B (NOV.DE) has a value of -0.950669, indicating a bearish trend.
Can you provide the buy/sell signal for NOVO NORDISK A/S-B?
The buy/sell signal for NOVO NORDISK A/S-B (NOV.DE) is sell as both the short term and long term trends are negative.